Value-driven intellectual capital

Author: Patrick Sullivan, written by Zhao Liang
Publisher:
Publication Date: 2002-01-01
Features: Value-Driven Intellectual Capital is the indispensable companion for corporate managers and financial professionals in the new era of intangible assets. It explains what intangible assets are and how to convert them into cash or strategic tools. The author is one of the most innovative thinkers in this field and a key leader of the Knowledge-Reliant Companies Group at the Intellectual Capital Management Conference. Value-Driven Intellectual Capital describes the emerging and rapidly expanding field of intellectual assets. In this domain, transforming a creative idea into final profits requires well-structured, focused strategies and clear guidelines to facilitate the transformation. The book serves as a blueprint for converting a company's knowledge, proprietary technology, and intellectual property into sustainable competitive advantages that can help build a reputation and capture market share. It is practical, insightful, and outlines the following for readers:
◎ The basic concepts of intellectual capital and the creation of corporate value;
◎ The connection between intellectual capital, business strategy, and profits;
◎ The various values created by companies through their intellectual capital, including quality-measured and quantity-measured values;
◎ The activities companies undertake to create value through their intellectual capital;
◎ Various methods for calculating a company's monetary value during market capitalization and mergers and acquisitions;
◎ The economic model of intellectual capital-based companies.
The book's appendix concisely introduces the basic concepts and definitions of intellectual capital, including the principles of value creation and acquisition, the concepts and strategies employed by successful companies, the value sources of knowledge-based companies, and the mechanisms for converting this value into actual profits. This knowledge is highly valuable for company leaders, financial managers, managers, researchers, and professional analysts studying these topics. Additionally, since managers are the ones who transform intellectual property into commercial assets, the book provides a toolkit to help organize and coordinate intellectual property, making it an active factor in the company's business strategy. It includes key concepts, methods, and processes related to this effort.
The book's conclusion discusses how to derive value from human capital and focuses on the elusive yet persistent core issue: creativity and productivity.